Required in Colorado?
No. A limited liability company can legally operate in Colorado without implementing an operating agreement.
By Type (2)
Single-Member LLC Operating Agreement – This document would be designed specifically for a sole proprietor (owner) to establish a single-member entity.
Download: PDF, MS Word (.docx), OpenDocument
Multi-Member LLC Operating Agreement – For a company or business that shall operate with more than one contributing, managing member.
Download: PDF, MS Word (.docx), OpenDocument
State Definition
“Operating agreement” means any agreement of all of the members as to the affairs of a limited liability company and the conduct of its business. Except as otherwise provided in this article or as otherwise required by a written operating agreement, the operating agreement need not be in writing. An operating agreement may contain any provisions required or permitted by section 7-80-108 (1). An operating agreement includes any amendments to the operating agreement.